
Close of Escrow: AutoZone in Clearfield, UT
SIG is pleased to announce the recent Close of Escrow on AutoZone located in Clearfield, Utah.
Investment Highlights Include:
- Corporately Guaranteed Lease By AutoZone, Inc (S&P Rating-BBB)
- 8 Years Remaining on a Rare Initial 20 Year Corporate AutoZone Lease
- 10% Rent Increase Scheduled For October 2020
- Excellent Visibility – Located Directly Off Interstate 15 With Over 113,000 Vehicles Per Day
- Ogden – Clearfield MSA Named To Forbes ‘Top 15 Fastest Growing Cities of 2017’ and is Also Ranked Among Their ‘Most Livable’ Cities in the US
- Situated On A Hard Signalized Corner Across the Street From Clearfield High School (1700 Students), South Davis Elementary (550 Students), and North Davis Junior High School (1024 Students) Which Have A Collective Enrollment of 3,274 Students
- Located Four Miles From Hill Air Force Base, Which Occupies 1,000,000 Acres and Employs More Than 21,000 Personnel
In Cooperation with JDS Real Estate Services, Inc. BoR: Jennifer D. Stein – Lic. # 8485414-PB00
Closing Price: $2,156,000
Closing CAP: 5.25%
Listing Agents: John Kerr, John Cigliano and Adam Scherr
For More Information Contact:
John Kerr
Lic #01996892
424.228.1718
jkerr@SIGnnn.com

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